https://www.taxtmi.com/article/detailed?id=8394 Allegations of profiteering require proof that a supplier failed to pass on a reduction in tax incidence or input tax credits. Where implementation of GST did not reduce the effective tax rate on a product, or where pre and post GST base prices remained unchanged, the anti profiteering provision is not attracted; documentary invoice comparison showing no tax rate reduction or no increase in base price negates a prima facie case and supports dismissal of complaints. en-us Tue, 26 Feb 2019 07:20:10 +0530 Tue, 26 Feb 2019 07:20:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8394 Allegations of profiteering require proof that a supplier failed to pass on a reduction in tax incidence or input tax credits. Where implementation of GST did not reduce the effective tax rate on a product, or where pre and post GST base prices remained unchanged, the anti profiteering provision is not attracted; documentary invoice comparison showing no tax rate reduction or no increase in base price negates a prima facie case and supports dismissal of complaints. Articles Goods and Services Tax - GST Tue, 26 Feb 2019 07:20:10 +0530 https://www.taxtmi.com/article/detailed?id=8394